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In re American Spectrum Realty Inc.

In re American Spectrum Realty Inc.

Ruling
Relief from stay granted to allow creditors to proceed to judgment in state court action but not for setoff against debtor's counterclaim.
Issue(s)
Were creditors entitled to relief from the automatic stay to pursue a judgment against debtor in state court and a setoff against debtor's counterclaim?

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Commercial opinion summary, case decided on November 09, 2015 , LexisNexis #1215-004